GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Old Market Capital Corp (NAS:OMCC) » Definitions » Asset Turnover

OMCC (Old Market Capital) Asset Turnover : 0.04 (As of Mar. 2025)


View and export this data going back to 1996. Start your Free Trial

What is Old Market Capital Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Old Market Capital's Revenue for the three months ended in Mar. 2025 was $3.27 Mil. Old Market Capital's Total Assets for the quarter that ended in Mar. 2025 was $78.58 Mil. Therefore, Old Market Capital's Asset Turnover for the quarter that ended in Mar. 2025 was 0.04.

Asset Turnover is linked to ROE % through Du Pont Formula. Old Market Capital's annualized ROE % for the quarter that ended in Mar. 2025 was -7.73%. It is also linked to ROA % through Du Pont Formula. Old Market Capital's annualized ROA % for the quarter that ended in Mar. 2025 was -5.26%.


Old Market Capital Asset Turnover Historical Data

The historical data trend for Old Market Capital's Asset Turnover can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Old Market Capital Asset Turnover Chart

Old Market Capital Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.22 0.22 0.28 - 0.16

Old Market Capital Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
Asset Turnover Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - 0.01 0.04 0.04 0.04

Competitive Comparison of Old Market Capital's Asset Turnover

For the Credit Services subindustry, Old Market Capital's Asset Turnover, along with its competitors' market caps and Asset Turnover data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Old Market Capital's Asset Turnover Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, Old Market Capital's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Old Market Capital's Asset Turnover falls into.


;
;

Old Market Capital Asset Turnover Calculation

Asset Turnover measures how quickly a company turns over its asset through sales.

Old Market Capital's Asset Turnover for the fiscal year that ended in Mar. 2025 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Mar. 2025 )/( (Total Assets (A: Mar. 2024 )+Total Assets (A: Mar. 2025 ))/ count )
=10.742/( (59.838+77.672)/ 2 )
=10.742/68.755
=0.16

Old Market Capital's Asset Turnover for the quarter that ended in Mar. 2025 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Mar. 2025 )/( (Total Assets (Q: Dec. 2024 )+Total Assets (Q: Mar. 2025 ))/ count )
=3.269/( (79.486+77.672)/ 2 )
=3.269/78.579
=0.04

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Companies with low profit margins tend to have high Asset Turnover, while those with high profit margins have low Asset Turnover. Companies in the retail industry tend to have a very high turnover ratio.


Old Market Capital  (NAS:OMCC) Asset Turnover Explanation

Asset Turnover is linked to ROE % through Du Pont Formula.

Old Market Capital's annulized ROE % for the quarter that ended in Mar. 2025 is

ROE %**(Q: Mar. 2025 )
=Net Income/Total Stockholders Equity
=-4.136/53.54
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-4.136 / 13.076)*(13.076 / 78.579)*(78.579/ 53.54)
=Net Margin %*Asset Turnover*Equity Multiplier
=-31.63 %*0.1664*1.4677
=ROA %*Equity Multiplier
=-5.26 %*1.4677
=-7.73 %

Note: The Net Income data used here is four times the quarterly (Mar. 2025) net income data. The Revenue data used here is four times the quarterly (Mar. 2025) revenue data.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

** The ROE % used above is for Du Pont Analysis only. It is different from the defined ROE % page on our website, as here it uses Net Income instead of Net Income attributable to Common Stockholders in the calculation.

It is also linked to ROA % through Du Pont Formula:

Old Market Capital's annulized ROA % for the quarter that ended in Mar. 2025 is

ROA %(Q: Mar. 2025 )
=Net Income/Total Assets
=-4.136/78.579
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-4.136 / 13.076)*(13.076 / 78.579)
=Net Margin %*Asset Turnover
=-31.63 %*0.1664
=-5.26 %

Note: The Net Income data used here is four times the quarterly (Mar. 2025) net income data. The Revenue data used here is four times the quarterly (Mar. 2025) revenue data.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Be Aware

In the article Joining The Dark Side: Pirates, Spies and Short Sellers, James Montier reported that In their US sample covering the period 1968-2003, Cooper et al find that firms with low asset growth outperformed firms with high asset growth by an astounding 20% p.a. equally weighted. Even when controlling for market, size and style, low asset growth firms outperformed high asset growth firms by 13% p.a. Therefore a company with fast asset growth may underperform.

Therefore, it is a good sign if a company's Asset Turnover is consistent or even increases. If a company's asset grows faster than sales, its Asset Turnover will decline, which can be a warning sign.


Old Market Capital Asset Turnover Related Terms

Thank you for viewing the detailed overview of Old Market Capital's Asset Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.


Old Market Capital Business Description

Traded in Other Exchanges
N/A
Address
1601 Dodge Street, Suite 3350, Omaha, NE, USA, 68102
Old Market Capital Corp formerly Nicholas Financial Inc is a specialized consumer finance company. It is engaged in acquiring and servicing automobile finance installment contracts for purchases of used and new automobiles and light trucks. It also originates direct consumer loans and sells consumer-finance-related products. The majority of its revenue comes from Interest and fee income.
Executives
Magnolia Capital Fund, Lp 10 percent owner 1601 DODGE STREET, SUITE 3300, OMAHA NE 68102
Jeffrey C Royal director 5420 NICHOLAS STREET, OMAHA NE 68132
Mark R Hutchins director 2454 MCMULLEN BOOTH RD, BUILDING C, CLEARWATER FL 33759
Michael Rost officer: interim CEO 2454 MCMULLEN BOOTH RD, BUILDING C, CLEARWATER FL 33759
Irina Nashtatik officer: CFO 2454 MCMULLEN BOOTH ROAD, BUILDING C, CLEARWATER FL 33759
Douglas W Marohn officer: Snr. Vice President Branch Ops 2454 MCMULLEN BOOTH RD, BLDG C #501B, CLEARWATER FL 33759
Brendan Joseph Keating director 8918 SPANISH RIDGE AVENUE, SUITE 100, LAS VEGAS NV 89148
Kelly M Malson officer: Chief Financial Officer 2454 MCMULLEN BOOTH ROAD, BUILDING C, CLEARWATER FL 33759
Adam K Peterson director, 10 percent owner 1601 DODGE STREET, SUITE 3300, OMAHA NE 68102
Chad Steinorth officer: Vice President and Interim CFO 2454 MCMULLEN BOOTH ROAD, BUILDING C, CLEARWATER FL 33759
Jeremy Qinli Zhu director 1940 LINDA FLORA DRIVE, LOS ANGELES CA 90077
Magnolia Group, Llc 10 percent owner 1601 DODGE STREET, SUITE 3300, OMAHA NE 68102
Robin Hastings director 2454 MCMULLEN BOOTH RD, BUILDING C, CLEARWATER FL 33759
Todd Pfister director 2454 MCMULLEN BOOTH ROD, BUILDING C, CLEARWATER FL 33759
Mahan Children Llc 10 percent owner 219 7TH STREET, TIERRA VERDE FL 33715